What is expected in the development of M?
MemeCore is moving forward with key goals:
- Korean Regulatory Approval (Late 2025) – Completing registration as a Virtual Asset Service Provider (VASP) and obtaining ISMS certification to enable trading between Korean won (KRW) and MemeCore’s token ($M).
- Expansion to Japan & Singapore (2026) – Using Korea’s compliance model to enter these markets with local partnerships and grant programs.
- Proof-of-Meme (PoM) Growth – Allowing more MRC-20 tokens to participate in staking and governance.
In Detail
1. Korean Regulatory Approval (Late 2025)
What’s happening: MemeCore plans to acquire a company listed on KOSDAQ (a Korean stock exchange) to gain official status as a Virtual Asset Service Provider (VASP) and get ISMS certification, which is a security standard for information systems (Coingape). This will let users trade directly between Korean won (KRW) and MemeCore’s token ($M), making it easier for institutions to get involved.
Why it matters: South Korea is a major player in cryptocurrency, with about one-third of Asia’s crypto users. Getting regulatory approval there would boost MemeCore’s credibility and liquidity. However, South Korea has strict rules on foreign blockchain companies, so delays are possible.
2. Expansion to Japan & Singapore (2026)
What’s happening: After establishing a strong foundation in Korea, MemeCore plans to expand to Japan and Singapore. This includes launching local grant programs and forming partnerships, especially targeting meme coin fans and gaming companies.
Why it matters: This could increase adoption in two important Asian markets. Success depends on navigating local regulations, which can be complex. Also, MemeCore will face competition from established blockchain platforms like Solana.
3. Proof-of-Meme (PoM) Growth
What’s happening: MemeCore’s Proof-of-Meme system will allow more MRC-20 tokens (a type of token on MemeCore’s blockchain) that meet certain activity and quality standards (“Meme 2.0 criteria”) to join staking and governance processes (jayplayco).
Why it matters: This will make the ecosystem more useful and engaging. But there’s a risk that control could become concentrated among a few large token holders since validators currently need to stake 7 million $M tokens (worth about $17 million at $2.42 each).
Conclusion
MemeCore’s future depends on turning early hype into real-world, regulation-friendly use—starting with Korea as a key market. The Proof-of-Meme upgrade could boost community involvement but must avoid too much centralization. The big question: can MemeCore’s unique cultural appeal help it outpace technical competitors in 2026?
What updates are there in the M code base?
MemeCore’s development team is actively working to improve transaction reliability and the overall economics of the network.
- Transaction Pool Fix (September 19, 2025) – Fixed an issue where some transactions got stuck by enforcing minimum gas fee rules.
- Block Reward Reduction (July 15, 2025) – Cut block rewards by 73% to help control inflation.
- Mainnet Launch Preparation (February 12, 2025) – Rolled out an Ethereum-compatible mainnet using a Proof of Staked Authority (PoSA) system.
Deep Dive
1. Transaction Pool Fix (September 19, 2025)
What happened:
A bug was causing transactions with low fees to get stuck and never process. To fix this, the team updated the system to check that transactions meet minimum fee requirements before they’re accepted. This helps prevent errors in popular wallets like MetaMask and reduces spam on the network.
Why it matters:
This update makes using MemeCore smoother and more reliable. Fewer failed transactions mean users and developers can trust the network more, which could lead to increased activity. (Source)
2. Block Reward Reduction (July 15, 2025)
What happened:
MemeCore implemented the RewardTree HardFork, lowering block rewards from 112.5 million $M to 30 million $M. This change aims to reduce inflation and encourage users to hold their tokens longer by requiring validators to stake $M to participate.
Why it matters:
In the short term, this might reduce selling pressure from miners, which could slow growth. But in the long term, reducing rewards can create scarcity, potentially increasing demand and value. Validators who didn’t update their software risked falling out of sync after the change. (Source)
3. Mainnet Launch Preparation (February 12, 2025)
What happened:
MemeCore launched its mainnet with Ethereum Virtual Machine (EVM) compatibility, using a Proof of Staked Authority consensus mechanism. This combines staking with validator governance. The network introduced a minimum base fee of 1,500 Gwei to reduce spam and supported the Shanghai EVM upgrade. The new client, called "gmeme," replaced Ethereum’s "geth."
Why it matters:
This sets a strong foundation for building decentralized apps (dApps) and meme token projects on MemeCore. However, the initially high transaction fees compared to Ethereum limited early adoption. (Source)
Conclusion
MemeCore’s latest updates focus on making the network more stable and its token economics more sustainable. With ongoing improvements to EVM compatibility, MemeCore is well-positioned to support the next generation of MRC-20 tokens and meme-driven projects.
Why did the price of M fall?
MemeCore (M) dropped 16.18% in the last 24 hours, underperforming the overall crypto market, which fell just 0.93%. The main reasons behind this decline are:
- Liquidation Risks – A record amount of derivatives trading increased market volatility (MEXC News)
- Profit-Taking – After gaining 409% in 30 days, many investors sold off once key support levels were broken
- Market Caution – While altcoins gained dominance (+79% monthly), overall derivatives trading activity dropped by 7.7%
Deep Dive
1. Derivatives Overhang (Negative Impact)
What happened: In September, the total value of crypto derivatives contracts reached an all-time high of $220 billion. MemeCore was affected by a broad market trend where traders reduced their risky positions ahead of the Federal Reserve’s interest rate decision on September 17. This led to liquidation risks exceeding $10 billion.
Why it matters: High leverage means small price moves can cause big losses. MemeCore’s trading volume fell 9% to $32.6 million as traders pulled back. The price also dropped below a key technical support level at $2.36, which sped up selling.
What to watch: The Fed’s announcement on September 17 and Bitcoin’s price reaction. If Bitcoin falls below $104,500, it could trigger further declines in altcoins like MemeCore.
2. Profit-Taking After Big Gains (Negative Impact)
What happened: MemeCore surged 409% over the past month, reaching a high of $2.96 on September 12. However, the Relative Strength Index (RSI) cooled down to 52.69 from overbought levels, indicating the rally was losing steam.
Why it matters: Early investors started selling near the 78.6% Fibonacci extension level at $0.95. The MACD indicator also showed weakening momentum. Additionally, 85% of MemeCore’s trading volume happens on PancakeSwap, which adds some risk due to concentration (CoinMarketCap Community).
3. Altcoin Rotation (Mixed Impact)
What happened: The Altcoin Season Index is currently 77 out of 100, showing strong interest in altcoins. However, capital has shifted toward newer trends like HYPER (+126% weekly) and AI-related tokens.
Why it matters: MemeCore’s unique Proof-of-Meme system faces competition. Its 24-hour turnover ratio is 1.43%, lower than some sector leaders. Still, its compatibility with Ethereum Virtual Machine (EVM) and the upcoming MemeX Festival in August 2025 could spark renewed interest after this correction.
Conclusion
MemeCore’s recent decline reflects a broader market trend of reducing risk and taking profits after a strong rally. Its status as a high-volatility meme token adds to the pressure. Technical indicators suggest the token might be oversold, but recovery depends on Bitcoin’s price stability and renewed interest from retail investors in meme-themed projects.
Key point to watch: Will MemeCore hold the $1.98 support level (38.2% Fibonacci retracement) ahead of the Federal Reserve’s meeting?
What could affect the price of M?
MemeCore’s price depends on meme-driven popularity, regulatory developments, and overall market trends.
- MemeX Liquidity Push – An August 2025 event aims to boost trading activity.
- Korean Regulatory Effort – Approval could allow Korean Won (KRW) swaps by late 2025.
- Derivatives Risks – $220 billion in open contracts may cause market swings in September.
In-Depth Look
1. MemeX Ecosystem Growth (Positive Outlook)
Overview:
The MemeX Liquidity Festival planned for August 2025 encourages more trading and liquidity for MRC-20 tokens by offering rewards (details not yet public). MemeCore has also lowered the requirements for projects to list on centralized exchanges—from a fully diluted valuation (FDV) of $5 million down to $1 million—making it easier for new projects to join. However, about 85% of $M trading volume still happens on PancakeSwap, a decentralized exchange on Binance Smart Chain (BSC), which means liquidity depends heavily on that platform (jayplayco).
What this means:
If the festival attracts lots of participants and liquidity, it could spark a price rally similar to the 598% jump seen in July. On the other hand, if it falls short, there could be a selloff afterward. Lowering FDV requirements might bring in more speculative projects, increasing activity but possibly lowering overall quality.
2. Korean Regulatory Effort (Mixed Outlook)
Overview:
MemeCore plans to acquire a company listed on South Korea’s KOSDAQ stock exchange by late 2025 to apply for Virtual Asset Service Provider (VASP) registration and Information Security Management System (ISMS) certification (Coingape). If approved, this would allow swapping between Korean Won (KRW) and $M tokens and open doors to institutional investors. However, South Korea’s Financial Services Commission (FSC) has historically not approved foreign blockchain projects for VASP status.
What this means:
If successful, MemeCore could become Asia’s first regulated meme-focused blockchain, which would be a major boost. But delays or rejection—likely given past regulatory behavior—could cause the price to drop more than 30%. Plans to expand into Japan and Singapore in 2026 provide additional long-term growth potential.
3. Altcoin Liquidation Risks (Negative Outlook)
Overview:
In September 2025, derivatives markets have about $220 billion in open contracts, with Bitcoin perpetual futures trading at 8 to 10 times the spot volume (CoinGlass). MemeCore’s recent 15% drop in 24 hours reflects broader weakness in altcoins, even as Bitcoin dominance remains steady at 57.16%.
What this means:
High leverage (funding rate at +0.0056%) means $M is vulnerable to rapid selloffs if Bitcoin falls below $104,500. The Altcoin Season Index at 77/100 suggests some resilience, but meme coins often lead declines during risk-off periods.
Conclusion
MemeCore’s future is a balance between hype-driven growth and regulatory challenges, with September’s market volatility adding uncertainty. Keep an eye on participation in August’s MemeX event and progress on Korean regulatory approvals to gauge potential price moves. Will MemeCore’s “Proof-of-Meme” consensus survive the market’s shakeout?
What are people saying about M?
MemeCore is experiencing a wave of excitement fueled by meme culture, with a focus on growth in South Korea and upcoming liquidity events. Here’s what’s trending:
- Liquidity Festival buzz – Many retail traders are buying $M ahead of the August MemeX event
- Technical analysis debate – Experts are discussing whether the $2.18 price level signals a strong launch or a temporary rebound
- KOSDAQ expansion plans – The move into South Korea is raising questions about the project’s credibility
Deep Dive
1. @CoinMarketCap: MemeX Festival drives retail interest bullish
"85% of $M trading volume comes from retail traders on Binance Smart Chain (BSC) as they prepare for August 4 incentives"
– @CoinMarketCap (3.2M followers · 412K impressions · 2025-08-03 05:09 UTC)
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What this means: In the short term, this is positive because exchange promotions and prize pools encourage active trading. However, there are concerns about relying too much on liquidity from BSC, which could be risky over time.
2. @AMBCrypto: Elliott Wave analysis targets $0.77 bullish
"Wave 3 breakout confirmed with $0.52 support – Fibonacci extension indicates a potential 65% price increase if momentum continues"
– @AMBCrypto (289K followers · 78K impressions · 2025-08-05 12:00 UTC)
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What this means: Technical traders are optimistic about continued price gains. However, the Relative Strength Index (RSI) is at 62, which means the price is approaching overbought levels and could face a pullback if momentum slows.
3. @Coingape: Korean acquisition raises hopes for regulated trading mixed
"MemeCore has completed the purchase of a KOSDAQ-listed company to enable KRW/$M trading pairs by late 2025"
– @Coingape (1.1M followers · 204K impressions · 2025-06-05 18:28 UTC)
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What this means: This move is positive for gaining regulatory approval in South Korea, which is the third-largest crypto market in Asia. However, there is still uncertainty because South Korea has not yet approved foreign blockchain Virtual Asset Service Providers (VASPs).
Conclusion
The outlook for $M is mixed. On one hand, meme-driven retail enthusiasm is strong, but on the other, there are concerns about centralization risks—85% of trading volume is on BSC, and 7 million $M tokens are held by a single validator. Keep an eye on whether the MemeX Festival attracts its target of over 50,000 participants, which could justify current prices. Also, watch the Financial Services Commission’s (FSC) response to MemeCore’s VASP application. The big question remains: will the "Proof of Meme" approach create lasting value, or is this just another hype cycle?
What is the latest news about M?
MemeCore is navigating market ups and downs by growing its ecosystem and making moves in regulation. Here’s the latest update:
- MemeX Festival Boosts Interest (August 2025) – A $5.7 million prize pool increased activity for meme-focused apps.
- Expanding in South Korea (June 5, 2025) – Plans to acquire a company listed on KOSDAQ to enable Korean won to MemeCore swaps.
- Price Jump to $2.18 (September 12, 2025) – The price rose nearly 10% in one day, driven by adoption of its unique Proof of Meme system.
In-Depth Look
1. MemeX Festival Sparks Growth (August 2025)
What happened: MemeCore held the MemeX Festival with $5.7 million in prizes to encourage trading and liquidity for meme tokens. This event focused on developers and traders using its Layer 1 blockchain, which uses a special “Proof of Meme” system that rewards users for creating memes and contributing culturally.
Why it matters: This is a positive sign because it helps the network grow beyond just price speculation. However, the challenge will be keeping users engaged after the event ends. (CoinMarketCap Community)
2. Regulatory Steps in South Korea (June 5, 2025)
What happened: MemeCore announced it plans to buy a company listed on South Korea’s KOSDAQ stock exchange. This move aims to get official approval as a Virtual Asset Service Provider (VASP) in South Korea by the end of 2025. This would allow easier swapping between Korean won and MemeCore tokens and help expand its presence in Asia.
Why it matters: Getting regulatory approval could attract more institutional investors. But there’s a risk of delays since South Korea’s Financial Services Commission hasn’t yet approved foreign blockchain companies for this status. (Coingape)
3. Price Gains Despite Market Challenges (September 12, 2025)
What happened: On September 12, MemeCore’s price jumped to $2.18, up nearly 10% in 24 hours, reaching #50 in market cap with $2.26 billion. This was driven by more developers working on its Ethereum-compatible blockchain and increased social media attention around its meme-focused governance.
Why it matters: Technical indicators suggest there’s still room for growth. However, about 85% of trading volume happens on PancakeSwap, which raises concerns about liquidity being too concentrated in one place. (Kaiweb30 on X)
Conclusion
MemeCore combines viral popularity, incentives for ecosystem growth, and regulatory ambitions, making it a high-risk, high-reward Layer 1 blockchain project. The big question is whether its expansion in South Korea and focus on meme culture can help it handle the usual ups and downs seen with meme coins.